Noldor provides a data-agnostic platform that connects carriers, reinsurers and brokers with program and MGA data regardless of existing tech stacks. Founded in D.E. Shaw’s DESCOvery venture studio in 2021 and led by CEO John Horneff, the company avoids closed aggregation or in‑house MGA reporting. Its technology integrates with entities holding delegated underwriting authority and leverages AI/ML to aggregate data, uncover hidden drivers of loss ratios, and automate back‑office functions like reporting. Noldor is working with dozens of MGAs and multiple carriers and reinsurance brokers responsible for billions in gross written premiums and is active in London and Bermuda. The company intends to use the funds to grow the platform and adapt to new enterprise use cases alongside partners. The product aims to improve operational efficiency and reduce expense ratios for stakeholders involved in delegated authority.

Total raised

$10M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2022